4th touch of the purple - drop targets:
1st target: $180-191 area
2nd target - June 2015: $123-108 per bitcoin (best area to buy in - highly likely to be reached)
Further drop $68-$75
I believe mass consumer adoption in Bitcoin will only happen at 2-digits around $68 to $100 area. Also although we are seeing lots of money/investments coming into Bitcoin startups and firms like Coinbase, Circle; the chances are that those millions of USD will in little part be invested in the infrastructure to get a consumer friendly product that will attract more users to Bitcoin and a small amount will be invested on buying Bitcoin at the current 3-digits prices. But definitely Wallstreeters and the millions in investment will only be reserved for the 2-digits. The question remains, why buy bitcoin at 3 digits while you can get them cheaper at 2 digits?